Uphold Adds RLUSD Earn Product Offering Up to 7% Variable APY
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Uphold has introduced a Sentora-curated RLUSD earn product that uses DeFi lending, with variable yields of up to 7% and withdrawals subject to market liquidity.
Uphold has launched RLUSD Earn, a product offering a variable annual percentage yield of up to 7%, according to The Defiant.
Curated by Sentora, the product directs deposits into decentralized finance lending. Deposited assets leave Uphold as part of that process.
The advertised yield can change, and withdrawals depend on available market liquidity. The product therefore does not offer a fixed return or unconditional access to deposited funds.
Source: The Defiant
